CFIUS

US Government Eyes 23andMe Acquisition for Potential National Security Issues

2 months ago

In a significant move that underscores the growing concerns regarding data privacy and national security, the United States government has indicated that the acquisition of 23andMe—a prominent consumer genetics company—could undergo a critical review. This assessment may unfold under the auspices of the Committee on Foreign Investment in the United States (CFIUS), an interagency group tasked with evaluating the implications of foreign investments in American companies.

Trump Takes Bold Step to Limit Chinese Investments in Strategic Sectors

3 months ago

In a pivotal move reflecting ongoing tensions between the U.S. and China, former President Donald Trump has instructed the Committee on Foreign Investment in the United States (CFIUS) to implement stricter regulations on Chinese investments in key industries. This directive signals a broader strategy to safeguard American interests and national security, bolstering the administration’s efforts against foreign influences perceived as threats.